Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JOI
    • Editorial Board
    • Published Ahead of Print (PAP)
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

User menu

  • Sample our Content
  • Request a Demo
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
The Journal of Investing
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Request a Demo
  • Log in
The Journal of Investing

The Journal of Investing

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JOI
    • Editorial Board
    • Published Ahead of Print (PAP)
  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter
Article
Open Access

Editor’s Letter

Brian R. Bruce
The Journal of Investing Fall 2015, 24 (3) 1; DOI: https://doi.org/10.3905/joi.2015.24.3.001
Brian R. Bruce
Editor-in-Chief
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • Article
  • Info & Metrics
  • PDF
Loading

We open the Fall issue with Snigaroff and Baek’s discussion of the concentration of assets among smaller firms versus larger firms; they conclude that continuing to remain a small institutional investment management firm is a risky business strategy. Marmer investigates the potential signs of crowding in low-volatility-based strategies. This article is followed by Berkin and Swedroe’s discussion of the scientific method and its application in value investing to increase investors’ confidence in their strategy’s ability to achieve its goals. Wang and Simi created four measures of corporate liquidity risk factors to examine their dynamic impact on stock returns, finding that corporate liquidity risk plays a significant role in affecting stock returns, especially during periods of market stress. Next, Baum and Smith examine the congruent traits others have attributed to successful firms and argue that many of these traits are not truly predictors of success. Otuteye and Siddiquee present a value investing heuristic that they believe will allow investors to avoid 100% of companies that either become insolvent or experience some form of financial distress.

Our special section this issue is on structured products. Since the financial crisis, there has been a reduction in the size of the structured products market, increased market regulation, and a reduction in the role played by banks. Schulman examines selling, in a securitized form, a percentage of the gross domestic product for a fixed term and suggests a method for dealing with failures. Berman reviews the international Organization of Securities Commissions (IOSCO) report, “Principles for Financial Benchmarks,” and discusses how structured products issuers and distributors might respond to it. He, Hsu, and Rue examine covered call buy–write strategies that have risk–return profiles similar to those of low volatility equity portfolios and find that a buy–write strategy would likely serve well to diversify the risks of a low volatility equity portfolio. We conclude the issue with Agrrawal and Skaves’s examination of the current state of seasonality in returns using a set of 10 highly liquid exchange-traded funds (ETFs).

As always, we welcome your submissions. We value your comments and suggestions, so please email us at journals{at}investmentresearch.org.

Brian Bruce

Editor-in-Chief

  • © 2015 Pageant Media Ltd

PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Investing: 24 (3)
The Journal of Investing
Vol. 24, Issue 3
Fall 2015
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Investing.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
Editor’s Letter
(Your Name) has sent you a message from The Journal of Investing
(Your Name) thought you would like to see the The Journal of Investing web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
Editor’s Letter
Brian R. Bruce
The Journal of Investing Aug 2015, 24 (3) 1; DOI: 10.3905/joi.2015.24.3.001

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
Editor’s Letter
Brian R. Bruce
The Journal of Investing Aug 2015, 24 (3) 1; DOI: 10.3905/joi.2015.24.3.001
del.icio.us logo Digg logo Reddit logo Twitter logo CiteULike logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
  • Info & Metrics
  • PDF

Similar Articles

Cited By...

  • No citing articles found.
  • Google Scholar

More in this TOC Section

  • Editor’s Letter
  • Editor’s Letter
  • COMMENTARY: Last Page
Show more Article
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2021 Pageant Media Ltd | All Rights Reserved | ISSN: 1068-0896 | E-ISSN: 2168-8613

  • Site Map
  • Terms & Conditions
  • Cookies
  • Privacy Policy